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This blog article discusses about Tax Filing for US Expats in the UAE and how they can qualify for the Foreign Earned Income Exclusion. US Nationals and Green Card Holders who do not reside within the US or its territories or have any US income, are still required to file an income tax return and pay taxes on their worldwide income earned either through employment or through their ownership in a foreign company. In addition to income tax returns, they may be required to comply with Foreign Bank and Financial Account Reporting and Foreign Financial Asset Reporting. Very costly penalties … Continue reading Tax Filing for US Expats in UAE & Foreign Earned Income Exclusion
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